- Mitsui Prime Advanced Composites Europe B.V. will start operations in June 2020.
- The new company will be Mitsui Chemicals’ first European production base for polypropylene (PP) compounds.
- Mitsui Chemicals Group operates eight production bases and five research bases globally.
- The new company aims to meet the rising demand for lightweight automotive materials due to stricter environmental regulations.
New European Production Base
Mitsui Chemicals, Inc. and Prime Polymer Co., Ltd. have announced the establishment of Mitsui Prime Advanced Composites Europe B.V. in the Netherlands. This will be Mitsui Chemicals’ first European production base for polypropylene (PP) compounds, with operations set to begin in June 2020.
Global Operations
The Mitsui Chemicals Group currently operates eight production bases worldwide, including locations in Japan, the U.S., Mexico, Europe, Thailand, China, India, and Brazil. Additionally, the Group has five research bases in Japan, the U.S., Europe, Thailand, and China. These facilities support the production, sales, and R&D of high-performance PP compounds.
Rising Demand for Lightweight Materials
Stricter environmental regulations have increased the global demand for lighter automobiles. Consequently, the need for PP compounds, which help reduce vehicle weight, is growing annually. These compounds are used in various automotive components such as bumpers and instrument panels.
Strategic Expansion
By establishing the new company in the Netherlands, Mitsui Chemicals Group aims to enhance customer support in Europe and strengthen its global network. The new facility will integrate production, sales, technology service, and R&D functions to provide effective lightweight solutions for the automotive industry.
Future Plans
Mitsui Chemicals Group plans to continue expanding its PP compounds business by enhancing its production, sales, and technology service structures. This strategy aims to supply high-quality products that meet the lightweight needs of automobile manufacturers and support their global development efforts.